Thursday, April 15, 2021

DJI 34,000, NDX 14,000 as NDX, SPX, DJI at All-time Closing Highs...

 
 
© 2021
 
 
The DJI +305.10, +0.90%, closing above 34,035, for the first time.  UNH, AMGN, CRM and V were the largest point gainers on Thursday.
 
NDX +222.29, +1.61%, an all-time new high breakout, closing above 14,026, for the first time.
SPX +45.76, +1.11%, ended at 4,170, a pause day.
 
TSLA +0.90%, a reversal BO test, bull flag.
 
SPY = all-time closing high at 415.87.
DIA = bull flag bounce, all-time closing high at 340.44.
QQQ = Re-BO, all-time closing high at 341.61.
IWM = bounce continuation
 
 
Nine of eleven sectors were higher on Thursday, led by XLRE, XLK and XLV.
 
Real Estate leaders: EQIX, ESS, SBAC, DLR
Technology leaders: AMD, NVDA, XLNX, IPGP
Healthcare leaders: UNH, WST, TMO, BDX
 
SPY up 4.42 at 415.87, on 60.2 million shares, below average volume, up on slightly lower volume.  An all-time closing high.
VIX down .42 at 16.57
 
UNH, AMGN, CRM, V led the DJIA, 22 advancers, +7
NEM, FCX, WST, EQIX led the SPX, 380 advancers.
AMD, NVDA, OKTA, XLNX led the NDX, 89 advancers. 
 
The two-year trend term is up.  The one-year trend is up.
 
Up: QQQ, SPY, IWM, DIA,
Down:
 
Advancers strengthened on Thursday as advancers led 2,084 to 1,201 on the NYSE and led 2,181 to 2,046 on the NASDAQ.
 
The SPY MFC green line is pointed slightly down at 98 and is counter-trend defensive.  Wednesday’s weakness faded as SPY closed at a new all-time high on Thursday. 
 
 
Uptrend sectorsXLP, XLI, XLY, XLK, XLB, XLRE, XLC, XLF, XLU, XLV, XLE,
Neutral sectors: 
Down trend sectors:
 
The 6-month intermediate trend is up.  The ten-day trend is up.
 
3-month Intermediate Term Market Trend: Up
3-day Short Term Market TrendUp
 
89 of 100 NDX stocks closed higher on Thursday.
 
90 NDX stocks are above their 30 DMA:   KHC, ADP, ORLY, CSCO, AEP, XEL, AMAT, EXC, FB, MDLZ, CTSH, WBA, SIRI, TXN, FAST, AMGN, DLTR, PEP, CSX, MNST, COST, ASML, CERN, CDW, NXPI, SBUX, ADBE, BKNG, EBAY, GILD, INTC, KLAC, LRCX, REGN, ROST, SWKS, VRSK, VRSN, EA, TMUS, MRVL, ADI, ADSK, ALGN, ANSS, CDNS, CTAS, GOOGL, ISRG, MCHP, MSFT, MXIM, NVDA, SNPS, AAPL, AMZN, ATVI, AVGO, CPRT, FISV, INTU, MU, NFLX, QCOM, WDAY, CHKP, DXCM, PYPL, TSLA, MELI, PTON, ALXN, DOCU, IDXX, LULU, OKTA, SPLK, MRNA, TEAM, INCY, VRTX, MAR, AMD, BIIB, CHTR, MTCH, PCAR, SGEN, XLNX, ZM,
 
NDX Stocks to Watch on Friday:
Moving Above 30 DMA = 8
AMD, BIIB, CHTR, MTCH, PCAR, SGEN, XLNX, ZM,
 
Moving Below 30 DMA = 2
NTES, PAYX,
 
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